| APPS latest price $91.8700 (1.09%) ($91.8700 - $91.8700) on Tue. Feb. 9, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.71% (three month average) |
RSI | 70 |
Latest Price | $91.8700(1.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPS advances 7.3% a day on average for past five trading days. |
Weekly Trend | APPS advances 16.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support APPS advance at 0% a week (0% probability) IBUY(63%) ARKK(62%) IWO(62%) SKYY(62%) ARKG(59%) |
Factors Impacting APPS price | APPS will decline at least -2.855% in a week (0% probabilities). VIXM(-33%) UUP(-30%) VXX(-11%) TBT(-10%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.855% (StdDev 5.71%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
| |
|
|